Friday, September 30, 2011

Fixed Mortgage Rates Sink to Lowest on Record

Fixed mortgage rates fell to all-time record lows this week following the Federal Reserve’s announcement of “Operation Twist.”

Data released by Freddie Mac Thursday puts the average 30-year fixed-rate mortgage at 4.01 percent (0.7 point)
for the week ending September 29. That’s down from 4.09 percent last week. A year ago at this time, the 30-year rate averaged 4.32 percent.

Of the five regions surveyed in Freddie Mac’s survey, the West region recorded the lowest average rate for the 30-year fixed dipping below the 4 percent to 3.95 percent this week.

The 15-year fixed-rate averaged 3.28 percent (0.7 point) this week in the GSE’s survey, down from last week’s average of 3.29 percent. A year ago at this time, the 15-year rate was 3.75 percent.

Freddie Mac’s survey averages mortgage rates from 125 lenders across the country.

Thursday, September 29, 2011

Wednesday, September 28, 2011

Real estate apps

Are you using a mobile device? Which real estate apps do you like or not like?

Tuesday, September 27, 2011

These homes are gorgeous and can be put up on-site in one day and completed in less than two weeks


Breezehouse
Breezehouse's signature glass-enclosed breezeway or porch blurs the boundary between interior and exterior living.
  • 1 level
  • starting at $495,000
  • 3-4 bedrooms
  • 3 baths
  • 56' x 64'

Monday, September 26, 2011

Exciting to see the progress!

Backstory » Emeryville Renovation: Part 3

Posted: Mon, 26 Sep 2011 15:04:36 -0700
emeryville construction square

by Peter Benoit

In our latest Backstory series, we'll be previewing the loft renovation that is the featured My House in Dwell's November issue—our first-ever online sneak peek. Here, Emeryville, California architect Peter Benoit shares the process behind customizing the San Francisco Bay area loft he shares with his wife, Lynda. Check out Part 1: As it Was, Part 2: Drawings and Demolition, and now, Part 3: Construction. Now that the demo was pretty much done, I started construction of the wood box. I decided that I was going to build it myself to save money on labor more than anything else.